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UBA introduces Twitter transaction notification service

United Bank for Africa (UBA) Plc has introduced twitter based transaction alerts for customers. The bank has announced   that customers will now have the option of receiving transaction alerts in their Twitter direct messages inbox. Before now customers can only receive transaction alerts as text messages on their mobile phones and […]

CBN Extends Bureau De Change New Licensing Compliance to July 31

By Peter OBIORA InvestAdvocateLagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Monday said it has extended the new licensing requirement for operators of Bureau De Changes (BDCs) to July 31, 2014. The CBN in a statement by Kevin Amugo, director, financial policy and regulation department said the apex bank based […]

Wema Bank secures $50 Million Trade Lines Credit, $20 Million for SMEs

Press Release As Wema Bank continues its strong growth path to recovery, the bank recently secured over $50 million dollars in trade lines from various foreign correspondent banks and development finance in excess of 20 million dollars to support SMEs amongst others. Through these development, the bank has reaffirmed its […]